Q3 2017 revenue
→ Consolidated Group Revenue for Q3 2017 was €525 million, compared to €537 million for Q3 2016. For the first nine months of the year, consolidated Group revenue was €1,633 million compared to €1,624 million for the equivalent period in 2016.
→ The Group’s organic growth (excluding exchange rate variations and changes in the scope of consolidation) was +0.1% for Q3 2017 and -0.3% for the first nine months of 2017.
Exchange rate variations had a negative impact of €7.1 million on the first nine months of 2017, mainly due to a falling UK pound, Argentine peso and Mexican peso. Aggregate growth over the first nine months at constant exchange rates was +1.0%.
Changes in the scope of consolidation had a positive impact of €21 million at end September, with the main contributions coming from Target Media (UK), RiverOrchid (Asia), Lemz (Netherlands) and Agence 79 (France).€9.6 million on the first half of the year.